Project Insight - Power Generation Construction Projects: Middle East and Africa
The Middle East and Africa region combines countries with developed affluent economies and those mainly based in Africa developing at a faster rate. The large oil-producing countries of the Gulf Cooperation Council (GCC) are moving towards less dependency on oil, with significant investment in renewable power sources – particularly solar energy. Demand for energy is expected to rise throughout the region, in line with the growing population. The need to provide a reliable connection to electricity is a major issue in many African countries, where power outages are frequent.
This report provides detailed analysis, information and insights based on 810 CIC projects in the Middle East and Africa, including detailed metrics on the region's power generation construction projects (as tracked by CIC) split by country and value and by ten types of project including nuclear, fossil fuels and renewable sources such as solar, biomass and wind. Country profiles are provided for the top 10 countries including Nigeria, Egypt and South Africa.
Timetric’s Construction Intelligence Center (CIC) is currently tracking power generation construction projects in the Middle East and Africa with a total value of US$906.2 billion. Of this, US$370.6 billion is in the planning stage. Nigeria accounts for the highest value with US$127.1 billion, followed by Egypt with projects valuing US$99.9 billion. South Africa and the UAE follow with power generation projects with a value of US$95.2 billion and US$54.1 billion respectively. The Middle East and Africa's highest project investment is in gas power with a value of US$201.8 billion followed by solar power with a value of US$192.7 billion. The largest projects currently in the pipeline are the US$30.0 billion El Dabaa Nuclear Power Plant in Egypt and the US$30.0 billion Solar Power Development in Nigeria.
The report provides analysis based on CIC projects showing total project values for the Middle East and Africa and analysis by stage and funding for the top ten countries. The top 50 projects are listed for the region giving country, stage, value and type of power generation construction. Values by ten types of project power categories are given including nuclear, wind, coal and biomass. Power generation capacity (MW) analysis is also provided. Ranked listings of the key operators for the sector are also provided showing the leading contractors, consulting engineers and project owners. Reasons To Buy
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